Apollo Pipes Ltd Dividend 2024 : Should Apollo Pipes Ltd be a part of your dividend portfolio?
Apollo Pipes Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹2,596.92Cr. Its share price is ₹651.75 as on 26 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Apollo Pipes Ltd gave ₹0.60 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Cyclical stocks do not always pay a dividend but as Apollo Pipes Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Apollo Pipes Ltd has declared dividend of ₹0.60 - translating a dividend yield of 0.09%.
Let's look at Apollo Pipes Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Apollo Pipes Ltd’s revenue were ₹84.01Cr in the quarter ending June 2017. The revenue grew by 5.22% year on year basis since last quarter.
Apollo Pipes Ltd’s profits were ₹3.17Cr in the quarter ending June 2017. The profits fell by -38.57% year on year basis since last quarter.
Apollo Pipes Ltd’s dividend was ₹0.60 in the quarter ending March 2023.
Apollo Pipes Ltd Dividend related ratios:
Last dividend date: 08/05/2023
Current Dividend Yield: 0.09%
Annual dividend payment: ₹0.60
Apollo Pipes Ltd Dividend v/s Apollo Pipes Ltd Share price
History of Apollo Pipes Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
15/09/2023
CASH
₹0.60
08/05/2023
16/09/2023
19/09/2022
CASH
₹1
06/05/2022
20/09/2022
19/09/2019
CASH
₹1
25/05/2019
21/09/2019
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